Reported 8 months ago
Sona Asset Management, a hedge fund firm led by John Aylward, raised $800 million for its second capital solutions fund, surpassing its target of $500 million. The funding will be used to support businesses in accessing custom financing in European credit markets. Sona attracted a mix of existing and new investors, including sovereign wealth funds, insurance companies, endowments, and pension funds. The firm has expanded its team and assets under management, aiming to capitalize on the evolving credit market landscape.
Source: YAHOO